Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Sunday, October 13, 2019  Spokane, Washington  Est. May 19, 1883
Cloudy 52° Cloudy
News >  Business

Takata asks bankruptcy judge to halt air bag lawsuits

Japanese auto parts supplier Takata is asking a Delaware bankruptcy judge for an injunction prohibiting three governments from prosecuting lawsuits involving the company’s lethally defective air bag inflators. (Associated Press)
Japanese auto parts supplier Takata is asking a Delaware bankruptcy judge for an injunction prohibiting three governments from prosecuting lawsuits involving the company’s lethally defective air bag inflators. (Associated Press)
By Randall Chase Associated Press

DOVER, Del. – Japanese auto parts supplier Takata is asking a Delaware bankruptcy judge for an injunction prohibiting the governments of Hawaii, New Mexico and the U.S. Virgin Islands from prosecuting lawsuits involving the company’s lethally defective air bag inflators.

In a complaint filed Thursday, Takata also is seeking to extend the automatic halt of litigation against a company in bankruptcy to hundreds of individual lawsuits against automobile manufacturers who installed the faulty air bags.

The judge will hold a telephonic status conference on Takata’s request Tuesday.

Takata says allowing the lawsuits to proceed would seriously jeopardize its restructuring efforts, including the planned sale of most of its assets to a Chinese-owned rival for $1.6 billion.

Takata was forced into bankruptcy amid lawsuits, multimillion-dollar fines and crushing recall costs involving the air bags.

Subscribe to the Morning Review newsletter

Get the day’s top headlines delivered to your inbox every morning by subscribing to our newsletter.

You have been successfully subscribed!
There was a problem subscribing you to the newsletter. Double check your email and try again, or email webteam@spokesman.com